Lower income inequalities indicate a more equal distribution of wealth and better opportunities for the average citizen. Source: Wikipedia, 2023. Living Cost In Zug, Switzerland And Three Tips To Survive Other fun activities to do for leisure include going to the movies, which costs 16.45 for one seat. Threads, Instagram's 'Twitter Killer,' Has Arrived - The New York That being said, the cost of living for students is relatively high by international standards. New York City is used as the base city for all city ranking comparisons and currency movements are measured against the US dollar. 2023 Compare Cities Cost of Living: Zurich, KS vs New York, NY The number of international embassies indicates the importance of a city for political, diplomatic and lobbying issues. Enhanced Cost of Living Calculator Now includes childcare, taxes, health, housing for home owners vs renters, insurance costs and more when you upgrade to premium. Expend to pay between 86 and 275 EUR per month. Join us in-person in five locations to connect with stakeholders, industry consultants and influential thinkers for an insightful look at the forces affecting the investment industry. You can also rest assured of the best quality of life in the city. 12 1 Comments () MonacoMonkey HF Rank: Neanderthal 3,407 6y Lifelong New Yorker here and lived in all the cities you mentioned. A Gini coefficient of zero expresses perfect equality. Having a clear picture of your monthly expenditure will allow you to negotiate for a favorable salary package and other employee benefits. New York vs Zurich: What is the difference? - Versus Cost of Living in Switzerland vs. the US - FamilyVacation.com Social scene, cultural "feel", etc. With housing come utility bills. Cities ranked 3rd and 40th ($3723 vs $2974) in the list of the most expensive cities in the world and ranked 1st and 3rd in the United States and Switzerland, respectively. Learn more here. However, salaries are attractive, and there are more growth opportunities. A city founded a longer time ago has more history, which can give extra cultural richness for visitors and residents. Research shows that the average gross salary in this city is CHF 115,661 (105,581) per year, CHF 10,469 (9,555)/month, and CHF 60 (54.77)/hour. This will be a pervasive and persistent issue, not just for international employees, but domestic employees as well, said Cordova. Public transportation is cheaper in Zurich with a monthly travel pass going for 77.54 as opposed to the 114.89 youd pay in New York. Source: numbeo.com, 2023, An indicator of how worried people are about having their car stolen, with 1 being not worried and 10 being very worried. 5,301.01 USD/month. In addition to these constant costs, a single person may also need to budge for some variable costs such as entertainment. Low unemployment rate indicates better career opportunities and economic growth. Furnishing the apartment and basic utilities will cost more in Zurich though. Universities, as centers of higher education and research, are important contributions to a citys development. NOTE: These costs are in Euros. To better understand the cost of living between the two countries, let us compare the prices of basic human expenses. Many Swiss residents, therefore, opt to supplement it with a private supplementary cover in a bid to gain access to a broad range of services or better accommodation if they got admitted in the hospital. 2023 Compare Cities Cost of Living: Zurich, KS vs New York, NY Best Places to Live | Compare cost of living, crime, cities, schools and more. Youll obviously need a mobile phone package to stay in contact with the people around you. A one-bedroom house in New York costs $3,900, while the same in Zurich is $1,900. What's the cost of living in Switzerland? - Lingoda The average rent of a single-bedroom apartment located in the city center. Expatriates must get a policy with 90 days of arrival. However, it can be more money in major cities. Cost of living in Zurich (Switzerland) is about the same as in New York City (United States) How much money will you need in Zurich ? Pros and Cons of Living in Casper WY, Moving To Rio Vista, California? ), 1 min. Cost of living in Zurich (Switzerland) is 88% more expensive than in Rochester, New York (United States) We need your help! The consent submitted will only be used for data processing originating from this website. (500 grams), Milk Cost of living comparison between Zurich vs. Brooklyn, NY It's also usually connected with better night life and dating possibilities. It's a free, question-and-answer based forum to discuss Terms of Use and Meal for 2 People, Mid-range Restaurant, Three-course 2,000.00 (21.80 Fr.) On average, a single person must earn at least $2,000 a month to live a comfortable life. There are several ways you can save in Zurich, including using public transport, taking advantage of special offers and discounts, buying at seasonal sales, and living in the outskirts of the city such as Dietikon, Winterthur, and Schlieren. The average after-tax salary is enough to cover living expenses for 1.6 months in New York City compared to 2.3 months in Zurich. Bigger single population indicates that living alone in the city is easier and more affordable. Find out with your own Salary Calculation . It is based on 975 prices entered by 223 different people. Well, things are different in Switzerland, as there are no free refills. This has prompted multinational employers to reassess how they manage their workforces, said Yvonne Traber, Partner, and Global Head of the Mobility Practice at Mercer. Use the link below to embed the infographic from our site and automatically keep the data layer up to date. Ottawa vs Zurich comparison: Cost of Living, Salary, Prices It is based on 848 prices entered by 218 different people. Moving To Laguna Woods, California Is Laguna Woods A Good Place To Live? Users can also get internet for up to 200Mbit/s for just 64/month. If youre contemplating relocating to Switzerland from America for work or personal reasons, you must weigh both the advantages and disadvantages. In America, you are at liberty to have your meal anywhere. Prices and comparisons for the whole range of expenses: food, housing, going out, etc. rent, entertainment, utilities and more. Family of four estimated monthly costs: CHF 7,255. Owning and maintaining a car is very costly in Zurich and frankly quite unnecessary for most expats. Public schools have high standards and are free, but Swiss German is the language of education. The most popular leisure and sporting activities in Zurich include watching movies in cinemas, city and nature tours, as well as watching live sports. 7 737.18$ vs 6 058.32$ 1 140.76$ cheaper rent for a one-bedroom apartment? Those on any kind of long-term medication need to confirm whether its covered by their policy. Though quite expensive, most of these restaurants serve good quality food. New York vs. Zurich - Cost of restaurants, New York vs. Zurich - Cost of transportation, New York vs. Zurich - Cost of entertainment and sports, cost of living in United States vs. Switzerland, Basic meal with drink at inexpensive restaurant, Bottle of Coca-Cola While Mercers Cost of Living research primarily helps employers determine compensation strategies for international assignees, Vince Cordova, Partner in Mercers Mobility Practice, is mindful that current socio-economic conditions affect all employees and their employers. Full cost of living comparison of Zurich vs Rochester, New York. Source: Wikipedia, 2023; city's official stats, 2023. Today, Mercer announced the results of its 2023 Cost of Living Survey with New York City remaining the most expensive city in North America for expatriates, ranking 6 th worldwide, while Hong Kong retained the top spot globally out of 227 cities from across five continents. New York has topped the list of the best cities in the USA for a long time. Other cheaper things in Zurich than in London include buying a house, buying a vehicle, public transport, and basic utilities. Help us by suggesting a value. (27.90 $) 22.40 Fr. You will have to wait longer for your food than in the US. Moving to a new city alone can be as exciting as it is nerve-wracking since you dont know what awaits you on the other side of the world. Housing is extremely costly in Zurich, which is why expats and locals alike prefer to rent. You can find a ZVV tram or bus stop at intervals of 300 meters. Source: Wikipedia, 2023; city's official stats, 2023. Cities with shorter average commuting time have usually better organized public transportation system which allows citizens to waste less time in a traffic. Source: Wikipedia, 2023. Cost of living in Dubai is 40% cheaper than in New York City; Cost of living in Ahmedabad is 19% cheaper than in Mumbai; Cost of living in Johor Bahru is 74% cheaper than in Singapore; Cost of the monthly public transport ticket indicates affordability of public transportation for an average inhabitant. pay 0.2% more for entertainment and sports. Expect to pay an average of 45.34 EUR per month for high-speed internet. More people from abroad residing in the city provides a multicultural environment and may show how attractive it is for foreigners. Source: Wikipedia, 2023. Find out with your own Salary Calculation . Note that prices are subject to change. Average prices in CHF In the US, everything is rushed. The most popular gross salary is 85,646/year, education requirement is a Masters degree, working experience requirement is 4-8 years, and popular industries include IT, banking, and financial services. Updated on Jun 2023. . In general, higher humidity makes climate harder to stand for people. While both cities are among the best cities for quality of life, they do have varying living costs. Mercers work design solutions help to transform and reinvent work by deconstructing jobs into tasks and preparing organizations for the future of work. City. of prepaid mobile tariff (no discounts or plans), 1 month of gym membership in business district, Basic lunchtime menu (including a drink) in the business district in, Monthly rent - 45 m2 furnished studio in normal area in, 1 month of gym membership in business district in, Monthly rent - 85 m2 furnished accommodation in expensive area in. More than ever before, employees are now armed with information to help them understand the value of their skills, experience, and education in a given market. Food is more expensive by far in Switzerland than in the USA. On the other hand, theres fear of fitting into a new culture and learning a new language altogether. Important criteria are safety, education, hygiene, healthcare, culture, environment, recreation, political-economic stability and public transport. On average, the cost of living in Switzerland is 82.07 percent higher than in the U.S, according to Numbeo. National capital status indicates that a city is of great importance for political and diplomatic matters. Switzerland is the happiest country globally. Some of our partners may process your data as a part of their legitimate business interest without asking for consent. If you are struggling to choose your home between the two countries, comparing the cost of living will be helpful. In general, a couple with two kids need about 7,500 EUR to get by in Zurich. Nursing Home Fraud Cost Taxpayers $83 Million, N.Y - The New York Times 2 139.11$ vs 3 279.87$ For instance, renting a one-bedroom apartment in the city center costs 1,627.47 and 1,902.00 in Zurich and London respectively. In addition to tuition fees, students should budget for teaching materials, which cost between 45 and 137/month, depending on the field of study. Singapore 2. This is to be used only as a guide as the actual living costs will depend on your lifestyle. Everyone living in Switzerland must have healthcare. For starters, take advantage of big sale discounts to save some money, go jogging or running as opposed to getting a gym membership, and most importantly, make your meals as much as possible to save on food costs. It has a high happiness index because people in this country feel supported, have a longer life expectancy (an average of 85 years compared to Americas 77 years), have freedom, low crime rates, and have faith in the government. Very few universities offer the opportunity to live directly on campus. Source: Wikipedia, 2023. Cost of Living $7,893 $3,967 Average Salary $3,162 $3,276 Average House Rent Rent Per Month Name Zurich Brooklyn, NY Apartment (1 bedroom) in City Centre $2,432.64 $2,520.35 Apartment (1 bedroom) Outside of Centre $1,587.93 $1,734.43 Apartment (3 bedrooms) in City Centre $4,027.56 $4,945.53 Apartment (3 bedrooms) Outside of Centre $2,971.07 of prepaid mobile tariff (no discounts or plans), 1 month of gym membership in business district, Basic lunchtime menu (including a drink) in the business district in, Monthly rent - 45 m2 furnished studio in normal area in, 1 month of gym membership in business district in, Monthly rent - 85 m2 furnished accommodation in expensive area in. Although prices are comparable, the overall cost of living is a bit more expensive in Zurich than in San Francisco at about 4% more. Looking for a different kind of account? $4,248 Cost of Living $7,910 Average Salary $3,169 Average House Rent Rent Per Month In America, you must board a plane to visit historic sites in other countries. USD Population density shows how cramped or spread out inhabitants are. A cheaper option would be to seek the services of a childminder or a baby sitter. National Survey of Employer-Sponsored Health Plans. Source: Mercer, 2023. Art and opera exhibitions, on the other hand, tend to be cheaper, costing around 13-18 per person. Everywhere you visit Switzerland, expect to pay in cash. Munich vs Zurich comparison: Cost of Living, Prices, Salary We're the Ciobanu family! This, coupled with a friendly taxation system, exceptionally low crime rates, world-class establishments, and unparalleled healthcare, makes it one of the top expat destinations in the world. 27.95 $(25.00 Fr.) Cost of Living Comparison Between Delhi, India And Zurich - Numbeo With more large sports facilities (20,000+ seats), a city is able to organize more important sporting events. (New York). On the other hand, Zurich is listed as the most favorable city for people moving to Switzerland. Join the Elsewhere community and ask a question about Zurich or New York. Many students choose to share accommodation to minimize this high expense. Also, the country boasts a higher income rate of 28 percent. The survey includes 400+ cities throughout the world; this years ranking includes 227 cities across five continents and measures the comparative cost of more than 200 items in each location, including housing, transportation, food, clothing, household goods, and entertainment.